Monroe County Real Estate - Key West

Key West is in South East Florida. It's population as recorded in the 2010 Census was 24,649. Key West is approximately 129 miles from Miami (population 399,457) and around 130 miles from Hialeah (population 224,669).

The median age for residents of Key West is 41.5. Around 19.9% of Key West households include school aged children and 22.9% of households include individuals aged 65 years or over. Census records indicate 83.7% of the Key West population are White, 9.7% are Black or African American, .4% American Indian, 1.6% Asian and 2% are Two or more Races. Key West has a significant Hispanic population. 21.2% (5,228) of Key West residents are of Hispanic or Latino origin. Of these 11.59% are of Mexican origin, 7.74% Puerto Rican, 46.32% Cuban and 34.33% are of other Hispanic or Latino origin.

There are 14,107 housing units in Key West. 3,178 (22.5%) of these were reported as vacant in the 2010 Census. Key West is a tourist destination, 60.8% (1,935) of it's vacant housing units were classed as seasonal, recreational or for occasional use. There are 6,941 residential rental units in Key West. 6,409 of them were occupied in 2010 providing a residential rental vacancy rate of 7.1%.

Key West links:

Monroe County

Monroe County is part of the southeast Florida region along with Miami-Dade, Indian River, St. Lucie, Martin, Palm Beach, and Broward. Key West is the county seat. Other incorporated municipalities are Marathon, Key Colony Beach, Layton, and Islamorada. The county's population is over 70,000.

Monroe County is the southernmost county in Florida and the continental United States. 99% of the population of Monroe County lives in the Florida Keys, which are wholly contained within Monroe County. Mainland Monroe County is covered by wetlands. Portions of Everglades National Park and Big Cypress National Preserve form the entirety of the section of Monroe County that lies on the peninsula. 22% of the properties in Monroe County are government owned.

The largest industry in Monroe County is tourism. In 2010, The Keys alone had 3.8 million visitors. Major private sector employers are Kmart, HMA, Baptist Mariner's Hospital, HTA, and Hawks Cay Resort. Public employers are US Armed Forces, Monroe County Schools, Monroe County Government, and Florida Keys Community College.

Visitors go to the Keys for the year-round warm weather, sandy beaches, and stunning vistas of both the Atlantic Ocean and Gulf of Mexico. The islands of the Keys offer a variety of maritime recreation opportunities, including boating, fishing, and windsurfing. The Keys are sometimes referred to as the Conch Republic after the islands seceded from the United States in 1982 and immediately surrendered to protest a blockade at the mainlands to search for drugs.

Once the largest city in Florida, Key West is still the southernmost in the lower 48. The cultural and economic heart of Monroe County is at the southern terminus of US 1. The southern islands have long been a naval base, dating back to its establishment in 1823 to combat piracy. Today, Naval Air Station Key West is used as a forward base to combat the narcotics trade in the Caribbean and as a flight training center.

Neighboring Properties

AddressTypeSq FtClass 
508 Amelia St Single Family 1,096 B
512 Amelia St Single Family 572 C
516 Amelia St Single Family 1,656 B
515 Catherine St Single Family 1,431 B
1117 Duval St Mixed use - store and office or store and residential or residential combination 2,779 B
1121 Duval St Mixed use - store and office or store and residential or residential combination 954 A
507 Amelia St Single Family 1,107 B
515 Amelia St Single Family 3,434 B
1125 Duval St Hotel or motel 9,456 B
505 Amelia St Single Family 836 B
519 Catherine St Single Family 1,453 B
503 Amelia St Single Family 640 B
521 Amelia St Single Family 1,682 B
1111 Duval St Store, one story 1,356 A
1109 Duval St Office building, non-professional service building, one story 1,320 B
1107 Duval St Single Family 560 B
508 Virginia St Single Family 2,281 B
506 Virginia St Single Family 918 B
1107 Duval St Mixed use - store and office or store and residential or residential combination 2,280 A
518 Virginia St Single Family 1,375 B
512 Catherine St Multi-family - less than 10 units 1,800 C
Catherine St Government Undefined 0 L
506 Catherine St Multi-family - less than 10 units 840 B
516 Catherine St Single Family 1,201 B
1201 Duval St Mixed use - store and office or store and residential or residential combination 2,588 A
518 Catherine St Single Family 1,020 B
504 Catherine St Multi-family - less than 10 units 616 B
1105 Duval St Store, one story 735 B
1120 Duval St Mixed use - store and office or store and residential or residential combination 810 A
1100 Simonton St County Owned 42,172 A
1114 Duval St Restaurant, cafeteria 2,760 B
522 Catherine St Single Family 1,067 B
1124 Duval St Mixed use - store and office or store and residential or residential combination 2,710 B
1130 Duval St Mixed use - store and office or store and residential or residential combination 7,239 B
509 Louisa St Single Family 927 B
526 Catherine St Single Family 917 B
1207 Duval St Mixed use - store and office or store and residential or residential combination 2,053 B
1102 Duval St Condominium 1,317 L
1102 Duval St Condominium 800 L
1108 Duval St Condominium 858 L
1108 Duval St Condominium 858 L
1108 Duval St Condominium 1,317 L
1102 Duval St Store, one story 544 L
1102 Duval St Condominium 1,317 L
1108 Duval St Store, one story 609 L
1102 Duval St Store, one story 609 L

Local Household Income

The median household income in this part of Florida is $59,750. The bottom 10% of the population earn less than $15,113 per year. The top 10% earn more than $164,280 per year. The top 1% earn more than $542,576 per year. Most renters earn between $26,844 (20th percentile) and $59,088 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $119,500 and $149,375.

The tax assessed value of this property places it in percentile 74 of all properties in this area. This suggests it would appeal to someone earning around $100,754 per year who should qualify for a mortgage between $201,508 and $251,885.

Source: US Census American Community Survey - 2008-2012 ACS 5-year PUMS estimates

Local Rents

The median monthly rent in this part of Florida is $1,192. Most renters earn between $2,237 and $4,924 per month. They typically spend 37% of their monthly income on rent. Most rents fall in the $756 (20th percentile) to $1,775 (80th percentile) range. The residential vacancy rate is 10%.

This property falls in percentile 74 of all properties in this area. This corresponds to a rent of $1,633 per month and a monthly household income of $4,467 ($53,604 per year)

Nearby Companies

1200 Duval Street, LLC
1200 Duval St
The Hands On Group, Inc.
1206 Duval St
1210 Duval, Inc.
1210 Duval St
Studio A Incorporated
1210 Duval St
Honest Works LLC
1203 Duval St
Gingerbread Gallery, LLC
1207 Duval St
La Grignote Inc
1211 Duval St
The Raw Machine, LLC
1225 Duval St
Ilane, LLC
1215 Duval St
Conch Cafe', Inc.
1215 Duval St
Massage Key West, Inc.
506 Louisa St
Gregton Corporation
506 Louisa St
Ultrakop, LLC
1219 Duval St
1130 Duval St, LLC
1130 Duval St
Willie T'S, LLC
1114 Duval St
1114 Duval LLC
1114 Duval St
Keylum, LLC
1114 Duval St
512 Catherine Street, LLC
512 Catherine St
4020 Coral Springs LLC
1102 Duval St
Kubia LLC
1102 Duval St
1125 Duval LLC
1125 Duval St
La Te Da Key West, LLC
1125 Duval St
1117 Duval LLC
1117 Duval St
Artists Of Duval, LLC
1111 Duval St
Tomasita Fisheries, Inc
515 Catherine St
Kwest Properties, LLC
522 Catherine St
Key West Realty, LLC
1109 Duval St
Historic Hideaways, LLC
1109 Duval St
1109 Duval, LLC
1109 Duval St
Last Resort Kw, LLC
1109 Duval St
1102 C Duval St, LLC
1102 C Duval St
Mcconnell Corporation
1107 Duval St
Eldan Properties, Inc
1107 Duval St
Panini Schmini, LLC
1075 Duval St
C10, LLC
1075 Duval St
Fresh Water Conch, Inc.
1075 Duval St
Duval Square R22 LLC
1075 Duval St
Kismet Cruising, Inc.
1075 Duval St
Kw Zion LLC
1075 Duval St
Dawn Thornburgh, Inc.
1075 Duval St
Tropical Key West, LLC
1075 Duval St R21
Greetings From Key West, Inc.
1075 Duval St C21
Ve Solutions, LLC
1075 Duval St Ct-21
Anglerphile, Inc.
1075 Duval Street - Ste C21 - Pmb 161
Charles And Rebecca Richardson Corp.
1075 Duval Street C-21
Amelia'S Hideaway, Inc.
521 Amelia St
Nail Bar And Lounge, LLC
1075 Duval St
Lucky Building LLC.
1075 Duval St
Mama Fam LLC
1075 Duval St
Life Is Grand LLC
1075 Duval St
Tessa & Beth, LLC
1075 Duval St
Gogo Goody, Inc
1075 Duval St
Doctors Spa At Duval Square Inc.
1075 Duval Street C-18
Sq1 Of Key West LLC
1075 Duval St
Academy Of Marine Sciences, Inc.
1075 Duval St C-21 #232
Harb Property LLC
1075 Duval St
2514 Staples LLC
415 Amelia St
Cuban Leaf Cigars LLC
1100 Duval St
Hilton Haven 5 LLC
1100 Duval St
Or 27c LLC
1100 Duval St
Island Cigar Kw LLC
1100 Duval St
Doma Partners, LLC
1024 Duval St
Shaddow & Fish, Inc.
1024 Duval St
Tucker-Walden, Inc.
1020 Duval St
Southernmost Atm Inc.
1020 Duval St
Big Fun Adventures LLC
1075 Duval Street C21#122
1202 Simonton, LLC
1202 Simonton St
The New Camille'S Inc
1202 Simonton St
Rei Florida, LLC
607 Amelia St
Blue Dream Charters L.L.C.
1105 Simonton St
1105 Simonton, LLC
1105 Simonton St
Coral Head Properties, LLC
530 Catherine St
Abbondanza, Inc.
1208 Simonton St
Amri Key West, LLC
1204 Simonton St
Disclaimers and Disclosures

Public Records Data

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